Tech Company Financing Transactions
tenKsolar Funding Round
Private investors participated in a $6 million funding round for tenKsolar. The funding round was announced on 4/10/2015.
Transaction Overview
Company Name
Announced On
4/10/2015
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The total amount sold includes the cancellation of principal and accrued interest of $1,500,000 under promissory notes issued to the purchasers. Proceeds purposes were not disclosed. SEC regulatory filing. Contact technology company for investment details, if applicable. Not an offer or solicitation for sale of securities.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
9231 Penn Ave. South 100
Minneapolis, MN 55431
USA
Minneapolis, MN 55431
USA
Phone
Website
Email Address
Overview
tenKsolar designs, manufactures and markets the world's most productive and reliable photovoltaic solutions. The tenKsolar RAIS Wave system combines RAIS PV modules, RAIS Wave Light-Smart reflectors and integrated racking into a repeating wave pattern yielding the highest energy density output for flat roof or ground mount systems.
Management Team
Title
Name
Email & Social
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We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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